Ares European CLO (ARESE) XIV

ClassCCYSZE(M)WALMOSPFIC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
XEUR2.000-AaaAAA---Floating3mEu-503mEu+50-100.00000
AEUR185.100-AaaAAA-38.30%-Floating3mEu-1123mEu+112-100.00000
BEUR23.100-Aa2AA-30.60%-Floating3mEu-1753mEu+175-100.00000
CEUR19.500-A2A-24.10%-Floating3mEu-2703mEu+270-100.00000
DEUR21.300-Baa3BBB-17.00%-Floating3mEu-4003mEu+400-100.00000
EEUR18.300-Ba3BB--10.90%-Floating3mEu-7253mEu+656-96.00000
FEUR6.900-B3B--8.60%-Floating3mEu-9603mEu+835-93.00000
SubEUR30.500-------------
Tranche Comments
X: First Pay: 2021-04-21; Redemption: 2021-10-21; A: First Pay: 2021-04-21; Redemption: 2021-10-21; B: First Pay: 2021-04-21; Redemption: 2021-10-21; C: First Pay: 2021-04-21; Redemption: 2021-10-21; D: First Pay: 2021-04-21; Redemption: 2021-10-21; E: First Pay: 2021-04-21; Redemption: 2021-10-21; F: First Pay: 2021-04-21; Redemption: 2021-10-21; Sub: First Pay: 2021-04-21; Redemption: 2021-10-21;
Deal Comments
Non-Call Period: 1.00
Risk Retention
The Retention Holder is expected to retain a material net economic interest in the first loss tranche of not less than 5% of the nominal value of the securitized exposure
Reinvestment Period (YRS)
3
Reinvestment Period End Date
Oct 21, 2023
WAL Test Period (YRS)
7
WAL Test Period End Date
Nov 13, 2027